Tax Evasion and Higher Profits

Dear Supporter,

Perhaps you heard about Martin Shkreli, the hedge fund manager who raised the price of a life-saving medication from $13 to $750 because his company needed to “increase revenue.”

But Martin Shkreli isn’t alone. Too many pharmaceutical companies are drastically raising the prices of their prescription drugs and raking in billions in profit. Of course excessive profits come at the expense of public health. Last year alone, 35 MILLION people did not fill a prescription because they could not afford it.

At a time when working families and retirees are struggling to meet their out-of-pocket health care costs, Congress is doing nothing to address the financial abuses of the pharmaceutical industry.

Our nation's seniors pay at least $16 billion more per year than they would if Medicare could negotiate fair prices with the drug companies.

And many simply go without medications they need.

And already rich pharmaceutical corporations get even richer.

This is not what America is supposed to be.

Big Pharma will do anything to protect its profits. In fact, Pfizer, the largest pharmaceutical company in the world, is merging with an overseas company and moving their headquarters overseas to avoid taxes on their $148 billion in profits.